Caribbean Utilities Company Reports Q3 2026 Earnings Growth Driven by Sales and Fuel Savings
Caribbean Utilities Company (CUP.U:CA) reported an increase in net earnings for the third quarter of 2026, rising by $1.4 million compared to the same period in 2025. This growth was primarily attributed to a rise in kilowatt sales and reduced depreciation expenses. The company also highlighted significant operational efficiencies regarding fuel costs. Year-to-date fuel cost savings have reached $9.9 million, providing ongoing financial relief for customers while supporting the company's bottom line.
Topics: depreciation expense fuel cost savings kilowatt sales net earnings increase